Challenge

To perform a site selection review of appropriate properties located between Bucks County and Chester County for the development of a US, HQ facility. Employees were operating in two different facilities in Bucks and Montgomery Counties.

Identification Strategy

Most of the corporate park sites were under the control of traditional development companies with restrictions on who could build on their land. The team had to identify raw land sites (open green sites and farm land) within the desired geographic area. Extensive communication with local government officials was required to appropriately zone the sites for occupancy by a life sciences company.

Results

Seven privately held farm owners were identified by the team and approached for the potential sale of portons of their property. Three of the owners had a high level of interest but each one was having difficulty selling any of the land that was in their families for several generations. Negotiations that committed ALMAC to contributing to the development of an on site farm machinery museum was the motivation for the seller to move ahead with the sale of the property.


“Mike Brown and his team left no stone unturned in the process to identify the best site. After extensive geographic studies, they were able to convert a reluctant seller into a grateful participant in the sale of the property” Mark Rodenberger – Senior Vice President, ALMAC Facilities

Description:

Site Selection of US HQ, Clinical Trial Supply Chain, Labeling and Distribution of Controlled Substances

Size:

25 Acres and 200,000 SF

Team:

Life Sciences Practice Group

Services Provided:

Tenant Representation and HQ Site Selection